CEO-Bench: Can Agents Play the Long Game?

Hugging Face Daily Papers Papers

Summary

CEO-Bench introduces a simulation benchmark that evaluates language model agents' ability to manage a startup over 500 days, testing long-term planning, noise handling, adaptability, and multi-task coordination. Results show that even the strongest models struggle, with only Claude Opus 4.8 and GPT-5.5 finishing above the starting balance.

Language model agents are becoming proficient executors at isolated, short-horizon tasks such as software engineering and customer service. Yet real-world challenges require a combination of sophisticated skills that remain largely untested in agents: (1) navigating long horizons amid uncertainty; (2) acquiring information in noisy environments; (3) adapting to a changing world; (4) orchestrating multiple moving parts toward a coherent goal. We introduce CEO-Bench, which evaluates these capabilities together by simulating a representative real-world task: operating a startup for 500 days. An agent manages pricing, marketing, budgeting, and many other aspects of a fictional company through a programmable Python interface, operating in the same environment and facing the same challenges as a human CEO. Success demands analyzing noisy, interconnected business databases, translating signals into sound strategy, and coordinating many decisions with programming. The strongest agents write sophisticated code that simulates customer cohorts to forecast future cash and mines negotiation history to uncover hidden customer preferences. Even so, most state-of-the-art models struggle in this environment. Only Claude Opus 4.8 and GPT-5.5 finish above the $1M starting balance, and neither consistently turns a profit. CEO-Bench takes a first step toward measuring the intelligence required to drive sustained, adaptive progress over time.
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Source: https://huggingface.co/papers/2606.18543

Abstract

CEO-Bench evaluates language model agents’ ability to manage a simulated startup over 500 days, testing their proficiency in long-term planning, noise handling, adaptability, and multi-task coordination through a Python interface.

Language model agentsare becoming proficient executors at isolated, short-horizon tasks such as software engineering and customer service. Yet real-world challenges require a combination of sophisticated skills that remain largely untested in agents: (1) navigatinglong horizonsamiduncertainty; (2) acquiring information innoisy environments; (3) adapting to achanging world; (4) orchestrating multiple moving parts toward a coherent goal. We introduce CEO-Bench, which evaluates these capabilities together by simulating a representative real-world task: operating a startup for 500 days. An agent manages pricing, marketing, budgeting, and many other aspects of a fictional company through aprogrammable Python interface, operating in the same environment and facing the same challenges as a human CEO. Success demands analyzing noisy, interconnectedbusiness databases, translating signals into sound strategy, and coordinating many decisions with programming. The strongest agents write sophisticated code that simulatescustomer cohortsto forecast future cash and minesnegotiation historyto uncover hidden customer preferences. Even so, most state-of-the-art models struggle in this environment. Only Claude Opus 4.8 and GPT-5.5 finish above the $1M starting balance, and neither consistently turns a profit. CEO-Bench takes a first step toward measuring the intelligence required to drive sustained,adaptive progressover time.

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